54 Batavia Ave
Rockcliffe-Smythe, Toronto, M6N 4A2
FOR SALE
$2,400,000
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7 + 1
BEDROOMS6
BATHROOMS2 + 1
KITCHENS12 + 1
ROOMSW11921125
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Property Description
Discover A Rare Gem: Two Homes On One Lot With Incredible Rental Income Potential! This Stunning, Newly Renovated Detached Home Offers Versatility For Both Family Living And Earning Passive Income. The Main House Features A Spacious Open-Concept Living And Dining Area, 3+1 Bedrooms Including A Gorgeous Primary Bedroom With Ensuite Bath, And A Total Of 4 Bathrooms. The Sleek, Modern Kitchen And Four Expansive Decks Add Both Comfort And Style. The Finished Basement Includes A Legal 1-Bedroom Apartment With A Separate Entrance. The Laneway House Boasts 4 Bedrooms, 2 Bathrooms, And 2 Kitchens. Flexibility Abounds: Rent The Entire Property For Maximum Income, Lease The Basement And Laneway Separately, Or Use The Basement As A Nanny Suite While Renting The Laneway House. **EXTRAS** Situated Minutes From The St. Clair Streetcar, TTC, And High Park, This Property Presents An Unmissable Opportunity For Both Families And Savvy Investors!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-03 | 2025-01-03 | 31 | $4,500 | - | Terminated |
Nearby Intersections
Scarlett & St Clair (12)
Property Features
Fenced Yard, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
28' x 149'
Acreage
< .50
Fronting
West
Taxes
$3,538 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Radiant
Heat Source
Grnd Srce
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
Detached
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Toronto Market Statistics
Toronto Price Trend
54 Batavia Ave is a 7-bedroom 6-bathroom home listed for sale at $2,400,000, which is $183,333 (7.1%) lower than the average sold price of $2,583,333 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 7 bedroom home in Toronto increased by $633,333 (32.5%) compared to the previous 30 day period (December 20 - January 18) and down $1,288,083 (33.3%) from the same time one year ago.Inventory Change
There were 11 7-bedroom homes listed in Toronto over the last 30 days (January 19 - February 17), which is up 175.0% compared with the previous 30 day period (December 20 - January 18) and up 22.2% compared with the same period last year.Sold Price Above/Below Asking ($)
7-bedroom homes in Toronto typically sold ($115,000) (4.5%) below asking price over the last 30 days (January 19 - February 17), which represents a $123,888 increase compared to the previous 30 day period (December 20 - January 18) and ($226,583) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 7-bedroom homes in Toronto over the last 30 days (January 19 - February 17) stood at 27.3%, up from 25.0% over the previous 30 days (December 20 - January 18) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 6-bathroom home in Toronto stood at 43 days when successfully sold over the last 30 days (January 19 - February 17), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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